Word: cwt
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...slaughter in 46 days of 1,000,000 sows weighing 275 Ib. or more. That would reduce next year's pork supply by 5,000,000 unborn pigs. Packers would pay producers a premium of $4 per sow. With hogs now selling at about $4 per cwt., a 275-lb. sow would thus bring...
...slaughter in 46 days of 4,000,000 pigs of 100 lb. or less, thus preventing their glutting the market later at twice their weight. To induce sales, packers would pay above-the-market prices on a sliding scale from $9 per cwt. for 40-pounders or less down to $6 per cwt. for animals between...
...prices. Moody's index of sensitive commodity prices shot from 78.7 to 123.8 last week. Wheat has jumped from a 1933 low of 48¾? a bushel to 75½?, cotton from 5.90? a pound to 9.45?. copper from 5? a pound to 8? hogs from $2.85 a cwt. to $4.60. Between $2,000,000.000 and $3,000,000,000 has been added to the value of U. S. crops. A booming New Deal market has swelled stock values $12,000,000,000 and bond values $2,000,000,000. Retail prices have risen much more slowly. Last week...
...Revenue Act of 1932 imposed an import tax (tariff) of 10? per cwt. on coal, except from countries against which the U. S. had a favorable trade balance on that commodity. As the U. S. exports more coal to Canada than Canada sends to the U. S., the Dominion was automatically exempt from this tax provision. Last summer importers of British and German coal asked the U. S. to suspend the tax on their shipments. Reason: Britain and Germany have treaties with the U. S. promising them the same commercial treatment in this country as the most favored nation...
...further headway in the Dakotas. Illinois. Minnesota, where Governor Floyd B. Olsen favored aiding the strikers with martial law. Separate from the Reno movement but parallel with it in purpose was last week's milk strike at Sioux City. Local dairymen were in despair about the $1 per cwt. they were being paid. That meant about 2? per qt. They too banded together to withhold milk from Sioux City distributors. Joining the other pickets along the roads, they held up milk trucks, dumped their contents into the ditches. Only hospitals could get fresh dairy supplies through the lines. Because...